Anavex Life Sciences Corp (AVXL)

[Steady_T]

The word conclusive is probably not a good choice.

A better description is the results are less likely due to chance. P value only partially describes the strength of the results. The size of the trial also is an important variable to consider.

The most important consideration is, are the results clinically meaningful? If the results are clinically meaningful then as long as the P value meets the commonly acceptable threshold for significance, the P value is not particularly important. The P value becomes something akin to a go / no go switch. If it is a go then the strength of the clinical response is the important consideration. If the P value is a no go then it doesn't matter about the clinical response.

It is quite possible to have a very low P value like P <0.01 and still not have a clinically meaningful response.